Just wanted to add these are examples of what I would consider "trend" vs. "anti-trend" Trend: url Anti-trend: url I'm using Kalman filters for the trend lines, so they are are sharper than what you would get with regular or exponential moving ...

What is a trend?

Antra - that seems to be the best way. To me though it seems that the steady trend that's been in place for awhile is beginning to break up., like last year around this time, but I lon have since stopped trying to predict tops. I won't do anything ...

Aussie Pairs

For me a simple is a period of trading marked by a consistent monotonic movement in such a way that the bar to bar variation in the trend is constrained to a small fraction of the variance of the data around the trend. So that something that is ...

What is a trend?

Shorts are still possible, but one has to watch the levels carefully. that last little bump started kicking up the variance and it could go very wobbly before changing direction. Any break of the trend (yellow, solid) or short term (light blue) ...

Lets talk USDCAD

Well, here's a price pattern I discovered today (with a little artistic license). I call it the Audusaurus eating the longs... image

Aussie Pairs

I don't use stochastics - I assume that the MT stochastic indicator is the basis for what you look at when you run it, and that the signal line is what you look at (being above or below, say, 80 and 20? if so, I'll see what I can do this weekend, it ...

Custom Indicators

I guess because we are making our own. You were the poster looking for Renko indicator? If so, I know I can't do it because screen type work is not my cup of tea (mine's math & stats). OTOH, if you know any programming at all, the language is pretty ...

Custom Indicators

Just a little question - just how old are the "old reliable" indicators? Wasn't Wilder (fwiw, an engineer by training) doing his work in the 70's (his big book was published in 78) and 80's, and when were fib levels actually introduced to the ...

Who else does custom indicators?

In the event of a fast devaluation of the USD one has to take into account that the US depends heavily on imports (whose cost will rise quickly) as versus the the slow nature of exports to improve (and many of those exports depend strongly on things ...

Trading into price parity....

mp - I agree in general, and still use traditional methods a lot (mostly Fibo's, RSI, and MACD). OTOH how many times do we hear "the market doesn't trade like it used to". But with a strong background in tracking and track analysis (mostly for ASW ...

Who else does custom indicators?

Ahh, time was when pilots used to refuse to fly by wire, and before that knights that thought that arrows were for sissies. Remember Agincourt

Who else does custom indicators?

Sure, no problem. This was done on the 1 hr $Cad chart, using a 5 day sample time (120 samples), with the blue line set at 2 std's, and the reds at +/- 4 stds. FWIW, the std's a re somewhat different than usual, I try and calculate them separately ...

Custom Indicators

Probably a Kalman Filter (see the wikipedia artical for a simple version). I'm programming one up ATM for price and price velocity, but it will be a while before it's done, as it's a bit complicated programming it up in Metatrader (which is what I'm ...

Who else does custom indicators?

Sorry I missed this thread; I've just put one based on LSQ fitting over on the MetaTrader forum. The chart below is one sort of similar to what I'm seeing above - it has three lines - one to estimate the part of a trend coming from jumps (unusual ...

Who else does custom indicators?

Makanforex - you might find this article on hyperinflation of interest: url

Can Currency Pair Go Zero ?

They seem to be working fine on EURJPY, particularly over the last little while....

Fibs

Lunch time spikes in NY, usually in the last half hour. though sometimes earlier. Wait till a clear sell signal, and then fade for the afternoon with a SL just above the top of the spike. I haven't kept separate figures, but this seems most common ...

What price action patterns work for you?

Just be careful. CB's don't mind linear growth so much, but exponential (a symptom of which is support lines that start increasing rapidly in slope) usually get hit pretty hard. To go long here hoping for big moves up would require roughly a 500 pip ...

Going long is a good probability bet

Watch eurjpy for direction on this one, with big eurozone redemptions over the next few weeks.

EURUSD